Introducing our new plan that can help pay your client’s rent when they can’t
Renting is on the rise. In the last 10 years, the UK private renting market has doubled. Trouble is, where homeowners see the need for protection to cover their mortgage, renters don’t. It means they are therefore leaving themselves vulnerable should something happen to them.
That’s where Legal & General's new Rental Protection Plan can help. It can financially protect your clients by helping to pay the rent, should the worst happen.
- Nearly 1 in 4 people in England are expected to be privately renting by 2021
- UK rents are expected to climb by 15% over the next five years
- Renters spend 40% of their income on housing costs, double what owner-occupiers pay